Black Pearl ERCOT power approval
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Obtained conditional ERCOT approval for up to 300 MW energy consumption at Black Pearl interconnection point
Source (primary)
Cipher Mining 8-K filed 2023-11-08 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “an approval from the Electric Reliability Council of Texas ("ERCOT") conditionally approving up to 300 MW of energy consumption at the interconnection point of the Leased Property”
How we checked this
Checked on September 18, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the conditional 300 MW ERCOT approval. However, the approval is described as part of assets Cipher was buying from Trinity under a deal that had not yet closed, not as an approval Cipher had already obtained.
Confirmed in the source:
- An ERCOT approval exists that conditionally approves up to 300 MW of energy consumption at the Black Pearl site's interconnection point
- That ERCOT approval is among the assets Cipher agreed to buy from Trinity Mining Group
We could not confirm this from the cited source:
- That Cipher itself had obtained the ERCOT approval (the filing lists it as an asset to be acquired under a purchase agreement that had not yet closed and was still subject to conditions)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000095017023060676/cifr-20231108.htm) in full (9,266 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 8-K filed 2023-11-08
Quote: “an approval from the Electric Reliability Council of Texas ("ERCOT") conditionally approving up to 300 MW of energy consumption at the interconnection point of the Leased Property”